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Jan 7, 2013
01/13
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we got a tiny tiny spending cut along with the fiscal cliff deal. where are the spending cuts? >> actually the cuts and revenue you we have taken so far are still far short in both categories from simpson bus. boles. >> but the spending cuts are way short. >> that is not the case. simpson bowles said at the starting point we would allow the upper income taxes to go back to clinton era levels. we have just barely gotten to the spending point. we are a little short. on top of that they raised over a trillion dollars in revenue combined with cuts. yes woo have to do more cuts and the president has been clear and put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion in revenue. the only reason we weren't able to go forward with that is you had house republicans deciding not to follow speaker boehner in that balanced approach and frankly that is the danger going forward. the danger going forward is that house republicans will continue to refuse to take a balanced approach and that is going to dead lock the entire process. >> another danger going forward accordi
we got a tiny tiny spending cut along with the fiscal cliff deal. where are the spending cuts? >> actually the cuts and revenue you we have taken so far are still far short in both categories from simpson bus. boles. >> but the spending cuts are way short. >> that is not the case. simpson bowles said at the starting point we would allow the upper income taxes to go back to clinton era levels. we have just barely gotten to the spending point. we are a little short. on top of...
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Jan 6, 2013
01/13
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that's what the fiscal cliffs was. no cut necessary there and stame old, same old. i tell folks back at home, this is promises from politicians, not from your parents or pastor or priest. politician say we promise to get to the balanced approach later and cut spending later. mitch mcconnell is right. we have to cut spending. credit card is maxed out. he is right. let's foxus on the problem which is this government can't control spending and we have to control it. >> john: we spoke at link when you were the president's point person on the budget and you state said simpson-bowles and you have to have the model and revenue and spending cut. >> guest: that's right. >> john: we got revenue. where are the spending cuts. >> guest: the cuts and revenue are with far short in both categors. mr. #1: but you are looking at trillion hole in the debt. >> guest:icisms simpson bowles said it would allow it to go to the starting levelings. on top of that they raised over a triliop in revenue combined with cuts. yes, we have to do more cuts. the president was clear. he put on the tab
that's what the fiscal cliffs was. no cut necessary there and stame old, same old. i tell folks back at home, this is promises from politicians, not from your parents or pastor or priest. politician say we promise to get to the balanced approach later and cut spending later. mitch mcconnell is right. we have to cut spending. credit card is maxed out. he is right. let's foxus on the problem which is this government can't control spending and we have to control it. >> john: we spoke at link...
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Mar 2, 2013
03/13
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KQED
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the fiscal cliff, we didn't go over the fiscal cliff. they cut a deal, january 1. they cut a deal on the fiscal cliff. >> to raise taxes. >> to raise taxes so republicans, seven weeks ago, or whenever it was, had to raise taxes. i believe the white house miscalculated or underestimated or whatever you want to call it, the republicans, in saying, ok, they're going to now close these loopholes which is effectively raising taxes again after they just did that seven weeks ago. i also believe that republicans could be in the process of underestimating how this could affect their standing with the public. right now they've got a 29% favorability rating. the president sits, 49%. he's gambling the public will be with him because after all he got re-elected partially on the issue of fairness. >> and he's reading the polls. >> and he's reading the polls and the republicans are saying, you know what, we're on the right side because the public believes the government should be smaller and more efficient. the problem that the republicans have is that this particular slice of th
the fiscal cliff, we didn't go over the fiscal cliff. they cut a deal, january 1. they cut a deal on the fiscal cliff. >> to raise taxes. >> to raise taxes so republicans, seven weeks ago, or whenever it was, had to raise taxes. i believe the white house miscalculated or underestimated or whatever you want to call it, the republicans, in saying, ok, they're going to now close these loopholes which is effectively raising taxes again after they just did that seven weeks ago. i also...
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Jan 1, 2013
01/13
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draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market
draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the...
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Jan 1, 2013
01/13
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that we don't want to inflict on you, but would have to by the design of the fiscal cliff, that oh, by the way, we created a year and a half ago. they actually couldn't get the social security cuts through this time. but republicans have promised and obama will probably be happy to go along with it that in the next few months they're going to you know, take another crack at "entitlement reform." but i think that whether or not this deal ends up being a good one for -- for democrats, depends on whether or not the president holds firm in the commitment he made. that he will refuse to negotiate on the debt ceiling. he is saying forget it. i'm not even going to talk about it. i don't care what you want to give me to raise the debt ceiling, i don't care what you want about the debt ceiling, i'm not going to touch the debt ceiling. now what does that mean? does that mean he is going to pay the debts even if the republicans don't raise the debt ceiling. we don't know, but he has insisted, both in private and with his staff in his public statements and in private with others that this is a
that we don't want to inflict on you, but would have to by the design of the fiscal cliff, that oh, by the way, we created a year and a half ago. they actually couldn't get the social security cuts through this time. but republicans have promised and obama will probably be happy to go along with it that in the next few months they're going to you know, take another crack at "entitlement reform." but i think that whether or not this deal ends up being a good one for -- for democrats,...
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Jan 3, 2013
01/13
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so what are the ramifications for speaker boehner the way the fiscal cliff did pass? >> one of the responsibilities people aren't focusing on, he has to make sure, try to make sure that his party's brand is sufficient that they get re-elected as the majority party in 2014. and had they caused us to go over the fiscal cliff, let's assume they had rejected the senate deal, republicans as a bloc voted against it their brand would have been in serious trouble. let's assume we get reasonable gun control lemon slalgs on high-capacity magazines and on assault rifles, comes before the congress. and they reject it as a group. their brand is in serious trouble. so the speaker has to way short-term ex-gin short-term with the long-term of the congress. if they torpedoed the cliff because of the hastert rule it would have seriously jeopardized their ability to stay in power. >> governor, go back to atmospherics for a remember, i remember the swearing in of the 111th congress in 2008 acres long with president obama, there was this palpable excitement. even for republicans who were
so what are the ramifications for speaker boehner the way the fiscal cliff did pass? >> one of the responsibilities people aren't focusing on, he has to make sure, try to make sure that his party's brand is sufficient that they get re-elected as the majority party in 2014. and had they caused us to go over the fiscal cliff, let's assume they had rejected the senate deal, republicans as a bloc voted against it their brand would have been in serious trouble. let's assume we get reasonable...
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Jan 1, 2013
01/13
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still question lines before we get to the finish line and avert the fiscal cliff. in two months, the voice president told democrats behind closed doors, there will be a donnybrook in vintage biden speak when we talk about the mandatory spending cuts that they delayed to the end of february. >> thank you so much. we'll be back in a moment with continuing coverage of negotiations on the fiscal cliff, please stay with us. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their buddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. like gas station sushi. or super cheap car insurance. and then there are good decisions. like esurance. their coverage counselor helps you choose the right coverage for you at a great price. [ stomach growls ] esurance. now backed by alls
still question lines before we get to the finish line and avert the fiscal cliff. in two months, the voice president told democrats behind closed doors, there will be a donnybrook in vintage biden speak when we talk about the mandatory spending cuts that they delayed to the end of february. >> thank you so much. we'll be back in a moment with continuing coverage of negotiations on the fiscal cliff, please stay with us. the boys use capital one venture miles for their annual football trip....
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Jan 3, 2013
01/13
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CURRENT
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cliff compromise that had no major spending cuts. maybe boehner thought it was just too much at one time. maybe he was afraid of a complete revolt from his party -- >> jennifer: well it certainly didn't go over well. we have a sound bite of pete king from new york who has been going absolutely ballistic over this today. take a listen. >> these republicans have no problem finding new york when they are out raising millions of dollars. they are in new york all the time filling their pockets with money from new yorkers anyone who contributes one penny to congressional republicans is out of their minds. because last night they put a knife in the back of new yorker and new jerseyians with absolute disgrace. >> jennifer: obviously peter king is not looking to switch parties, but do you think he would encourage a challenge against boehner? or is that just him being angry. >> well peter king's day-long revolt ended with a meter with john boehner today and congressman king came away from that meeting somewhat more pleased hearing that the spe
cliff compromise that had no major spending cuts. maybe boehner thought it was just too much at one time. maybe he was afraid of a complete revolt from his party -- >> jennifer: well it certainly didn't go over well. we have a sound bite of pete king from new york who has been going absolutely ballistic over this today. take a listen. >> these republicans have no problem finding new york when they are out raising millions of dollars. they are in new york all the time filling their...
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Jan 14, 2013
01/13
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FBC
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>> first of all, let's take the example of this year and the fiscal cliff. i did not say that i would not have any conversations at all about extending the bush tax cuts. what i said we will not extend bush tax cuts for the wealthy and we did not. you can argue that during the campaign i said that i set the criteria for wealthy at $250,000 we ended up being not 400,000. the fact is, millionaires and billionaires are paying significantly more taxes just as i said. i was wanting to make sure that the middle-class taxes were not going to go up. the difference between this year and 2011 is that we have already made one point -- $2 trillion in cuts. at the time, i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth, i said at the time we should. up with revenue in order to have an overall balanced package. my own budget reflected cuts. my own budget reflected cuts that needed to be made. we have made those cuts. now, the challenge going forward is that we have now made some big cuts. if we are goin
>> first of all, let's take the example of this year and the fiscal cliff. i did not say that i would not have any conversations at all about extending the bush tax cuts. what i said we will not extend bush tax cuts for the wealthy and we did not. you can argue that during the campaign i said that i set the criteria for wealthy at $250,000 we ended up being not 400,000. the fact is, millionaires and billionaires are paying significantly more taxes just as i said. i was wanting to make...
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Feb 5, 2013
02/13
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CSPAN
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i think what the american people are saying what they fear most about the fiscal cliff that we just went through, the sequestration, about the debt ceiling and what's going to happen is that their medicare and social security is going to be cut and that's exactly the kind of thing that mitch mcconnell is more than willing to do and wants us to be quiet about the wealthiest americans. the majority of people think the best way to solve our problems is to ask the wealthiest people to pay more and they are right. >> back here? >> i'm wondering what this will happen in the future. >> well, there isn't anybody >> anybody who was here last time we had tax reform, 1986, when reasonable doubt reagan came in he started talking about it, it took six years of talking, between him and tip o'neill and everybody around here to build enough trust to get tax reform in 1986. it took a year of transition to get it in place. it was a major effort. the problem today is there is no trust because mr. mcconnel has undercut everything the president has tried to do from the first day he was elected. and he contin
i think what the american people are saying what they fear most about the fiscal cliff that we just went through, the sequestration, about the debt ceiling and what's going to happen is that their medicare and social security is going to be cut and that's exactly the kind of thing that mitch mcconnell is more than willing to do and wants us to be quiet about the wealthiest americans. the majority of people think the best way to solve our problems is to ask the wealthiest people to pay more and...
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Jan 1, 2013
01/13
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it's not a good fiscal cliff deal if it give morse tax cuts to 2% and sets the stage for, in his words, quote, hostage-taking. he is voicing the concern that because the taxes only apply or go up on those making $400,000 or more and $450,000 if you're a couple, that essentially it's not hitting enough people. and he is voicing the concern that there might be deep cuts. so there is some pressure coming from the left for democrats to not necessarily accept the deal that is on the table. now, we saw president obama come out earlier today and talk about the fact that look, this isn't a perfect deal. this represents compromise on all sides. part of the reason you saw president obama come out today is not only to pressure republicans, but also to pressure democrats to get the deal done before this midnight deadline that is now so close and that is fast approaching. so there is some opposition that is being voiced from the left. could this impact the decision of some senate democrats? we'll have to wait and see, certainly. but, of course, when these deals come together, there are a lot of dis
it's not a good fiscal cliff deal if it give morse tax cuts to 2% and sets the stage for, in his words, quote, hostage-taking. he is voicing the concern that because the taxes only apply or go up on those making $400,000 or more and $450,000 if you're a couple, that essentially it's not hitting enough people. and he is voicing the concern that there might be deep cuts. so there is some pressure coming from the left for democrats to not necessarily accept the deal that is on the table. now, we...
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Jan 3, 2013
01/13
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CSPAN
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for this fiscal cliff think, what we need to do is cut 1% from foreign aid. we need to stop paying insurance for members of congress and the senate. let them pay their own insurance. when they get kicked out of office, let them go on [inaudible] like we do. they have all these benefits and they do not care about what is gone with us. we have to stand up as a people and say, enough is enough. we send you to vote for us, look out for the country, and your looking out for your next election. we need to get you out of their next election time. we need to be strong about it. the people have the power to do what needs to be done. go to your capitals, and let people know that we are in charge, not a do-nothing congress. guest: the people have always been in charge. they vote to end, they vote you out. when the people vote, they speak for themselves. we either fill you are a good representative, or not. when we get our paperwork, i am going to pay for my own insurance. i have done that since i have been working. i do not see anything there. host: having a seat in con
for this fiscal cliff think, what we need to do is cut 1% from foreign aid. we need to stop paying insurance for members of congress and the senate. let them pay their own insurance. when they get kicked out of office, let them go on [inaudible] like we do. they have all these benefits and they do not care about what is gone with us. we have to stand up as a people and say, enough is enough. we send you to vote for us, look out for the country, and your looking out for your next election. we...
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Jan 1, 2013
01/13
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CSPAN
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those people realize that this so-called fiscal cliff, but there is a reason why these tax cuts camp -- come up every year. it is so they can keep debating over the american people, to allow the american people to pay super rich people's america -- their taxes. i just do not get what people do not understand that this is why it comes up every year. that is what we will keep doing. this is what they are fighting for. it is wild. sexting dollar trillion of debt is bush and obama tax cuts -- $16 trillion that is the bush tax cuts that keep coming up. the medicare plan be. that is the other is trillion dollars. we cannot rely on the american people to allow this to happen. host: a prediction of a possible vote later on today -- the a p noted in a story earlier this morning that tea party senators did approve, some of them, a couple of them, did approve this deal earlier this morning in the senate. also, the ap report in this morning that officials also decided at the last minute to use the measure to prevent a $900 pay raise for lawmakers to take effect this spring. that is something our
those people realize that this so-called fiscal cliff, but there is a reason why these tax cuts camp -- come up every year. it is so they can keep debating over the american people, to allow the american people to pay super rich people's america -- their taxes. i just do not get what people do not understand that this is why it comes up every year. that is what we will keep doing. this is what they are fighting for. it is wild. sexting dollar trillion of debt is bush and obama tax cuts -- $16...
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Mar 1, 2013
03/13
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cliffs -- the one we're experiencing now. in the next few weeks we're going to have perhaps a government shutdown if the republicans try to use that to try to extract more harmful cuts to very important programs. and then again, we're going to deal with, guess what? the debt ceiling limit. >> yeah. you probably shouldn't be able to call it a crisis when you can plan them out in advance on your own calendar months ahead of time. but that's what we do now. congressman xavier becerra of california. thank you for being here. >> thank you. >> well, in a day of bewildering politics news there was also some really widely misunderstood news about a helicopter today. plus the intersection of convicted felons and congress gets more intersectee. that's coming up. ♪ [ telephone rings ] hello. [ man ] jen, there are a lot of beauty brands that want you to represent them. really, who? no. they add too much fragrance. no, they make you wear pink. are you kidding? no. nah. [ telephone rings ] no. not my style. no. [ cellphone rings ] [ man
cliffs -- the one we're experiencing now. in the next few weeks we're going to have perhaps a government shutdown if the republicans try to use that to try to extract more harmful cuts to very important programs. and then again, we're going to deal with, guess what? the debt ceiling limit. >> yeah. you probably shouldn't be able to call it a crisis when you can plan them out in advance on your own calendar months ahead of time. but that's what we do now. congressman xavier becerra of...
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Jan 15, 2013
01/13
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when you look at the fact that he didn't vote for the fiscal cliff deal. if you're talking about deficit reduction from raising revenues, he's not on board at all. he only wants to see it come from cuts. so it's a specific piece of ideology that he is coming from. i think it's abhorrent to use something like disaster relief as a chip to get your way. >> richard, they're also threatening government shutdown. are there any boundaries to some -- and these are not all republicans, but these extreme republicans when it comes to their ideology no matter who it hurts? >> they blinked last time they got to the point of default. and thank goodness. the credit rating went down. and the cost of borrowing to this country on the very deficits they cared about, they went up. so there's not a whole lot of sense here. there's a lot of posturing. i think shutdown for them is an easy option. even though it's going to hurt a lot of people. you know, you cannot budget like this. there will be disasters. there are always hurricanes. there are always people who are in need. how
when you look at the fact that he didn't vote for the fiscal cliff deal. if you're talking about deficit reduction from raising revenues, he's not on board at all. he only wants to see it come from cuts. so it's a specific piece of ideology that he is coming from. i think it's abhorrent to use something like disaster relief as a chip to get your way. >> richard, they're also threatening government shutdown. are there any boundaries to some -- and these are not all republicans, but these...
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Jan 6, 2013
01/13
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. >> let me touch on the big fiscal cliff battle that we talk about at the top of the program. crushing defeat for john boehner and the house republicans who are cut out of the action at the end. was that a fair portrayal? >> i don't think so. i think boehner mishandled the first part of it. it was a bad idea and he didn't execute it well. on the other hand, what he did is he had a rowdy bunch that wanted to put spending cuts in at the last second. he had a way to crush it. >> so, did boehner get a bum repfrreap prom the press? >> he did but early on he had been failed. >> i think they say any landing you can walk away from is a good landing. i think boehner had a good landing. >> he might have limped away from the plane. >> it could have been so much worse. the dissension in the ranks is really bad. in the end, he pulled them together and that's what counts. >> ross doubt who has a column today making the case, look, boehner has done impressive things and averted bad catastrophes. >> when you look at who else is in that conference, i'm not sure if there is another leader who w
. >> let me touch on the big fiscal cliff battle that we talk about at the top of the program. crushing defeat for john boehner and the house republicans who are cut out of the action at the end. was that a fair portrayal? >> i don't think so. i think boehner mishandled the first part of it. it was a bad idea and he didn't execute it well. on the other hand, what he did is he had a rowdy bunch that wanted to put spending cuts in at the last second. he had a way to crush it. >>...
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Jan 2, 2013
01/13
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the fiscal cliff debate began 519 days ago when congress gave itself a deadline to address the ballooning debt and deficit. but according to the congressional budget office, the bill cut last night adds nearly $4 trillion to the deficit. the price tag of not letting all the bush tax cuts expire as scheduled. but while this bill does preserve tax cuts for the vast majority of americans, it doesn't mean most people won't see their taxes go up. in 2011, approaching the new year the white house pushed this campaign, #40. that's how much the average american would see pulled from their paycheck if congress didn't renew the payroll tax cut. yesterday, in the dark of night and without a sound, that tax cut expired, enacting a 2% tax hike on all earnings subject to the payroll tax. the non-partisan tax policy center estimates 160 million americans will take this hit, with the average family paying an extra $1,000 a year. so in the lead up to last night's vote, neither side was pushing #40dollars. so joining us now from washington to make sense of all this is msnbc policy analyst ezra klein of "th
the fiscal cliff debate began 519 days ago when congress gave itself a deadline to address the ballooning debt and deficit. but according to the congressional budget office, the bill cut last night adds nearly $4 trillion to the deficit. the price tag of not letting all the bush tax cuts expire as scheduled. but while this bill does preserve tax cuts for the vast majority of americans, it doesn't mean most people won't see their taxes go up. in 2011, approaching the new year the white house...
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Jul 10, 2013
07/13
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WJZ
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cliff spending cuts. >>> the nation's biggest grocery chain is getting much bigger. kroger is buying harris teeter, expending its region. they have 212 stores in eight states including delaware, florida, maryland, and washington, d.c. >>> and chevy's newest corvette doesn't just look good. it's a sports car that's good for the planet. the 2014 corvette stingray boasted 29 miles per gallon on the highway even though it's packing a 455 horsepower, f.2 liter engine, the stingray can rocket from 0 to 60 in fewer than four seconds and've has eco mode. >> it got even sexier, who knew that could happen. erica ferrari here in new york. thank you, erica. >>> straight ahead, your morning weather, and in sports the astros splashed some leather as they take on the division leading cardinals. splashed some leather as they take on the leading cardinals. thank you, erica. when we made our commitment to the gulf, bp had two big goals: help the gulf recover, and learn from what happened so we could be a better, safer energy company. i've been with bp for 24 years. i was part of the t
cliff spending cuts. >>> the nation's biggest grocery chain is getting much bigger. kroger is buying harris teeter, expending its region. they have 212 stores in eight states including delaware, florida, maryland, and washington, d.c. >>> and chevy's newest corvette doesn't just look good. it's a sports car that's good for the planet. the 2014 corvette stingray boasted 29 miles per gallon on the highway even though it's packing a 455 horsepower, f.2 liter engine, the stingray...
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Mar 1, 2013
03/13
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cliff. the sequester does not make any kind of sense. if you are going to cut jobs, all you will create is more people than are crippled. my son needed a walker. i bought it and i had to pay $50. i tried to get it back from my insurance company. when i called the company to find out what was going on, they said they had built the insurance company at $150. i said how can you justify that? they said we just build them and they pay whatever they have set aside. that is absolutely ridiculous. if i paid $50 for something, they should only be able to build $50 for something. there are many places that spending can be cut. cutting jobs does not make sense. we are already in so much trouble with people not having employment. and females will be devastated. i'm in the nursing field on home care. if a patient does not have insurance or cannot afford it, what happens to them? there has to be some kind of moderation. i think the republicans and democrats need to get their heads on straight. they need t
cliff. the sequester does not make any kind of sense. if you are going to cut jobs, all you will create is more people than are crippled. my son needed a walker. i bought it and i had to pay $50. i tried to get it back from my insurance company. when i called the company to find out what was going on, they said they had built the insurance company at $150. i said how can you justify that? they said we just build them and they pay whatever they have set aside. that is absolutely ridiculous. if i...
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that's more than was raised in revenue over this last fiscal cliff deal. are you saying that any discussion of revenue is completely off the table going forward? you will not accept any new revenues in any new deal? >> yeah, absolutely. the tax issue is behind us. now the question is, what are we going to do about the real problem? we didn't have this problem because we weren't taxing enough. unfortunately, as a result of the agreement that was reached, 99% of americans will not see their taxes go up. 500,000 small businesses will not see their taxes go up. the president got a trillion dollars less in revenue than he wanted. that means that money stays in the pockets of the american people. now it's time to pivot and turn to the real issue, which is our spending addiction, and we ought to do it together now. we all know we've got to quit spending so much. >> it seems like the divide is as deep as ever. if you're completely ruling out revenues and saying spending is the only answer. some of your colleagues in the senate have raised the prospect, senator joh
that's more than was raised in revenue over this last fiscal cliff deal. are you saying that any discussion of revenue is completely off the table going forward? you will not accept any new revenues in any new deal? >> yeah, absolutely. the tax issue is behind us. now the question is, what are we going to do about the real problem? we didn't have this problem because we weren't taxing enough. unfortunately, as a result of the agreement that was reached, 99% of americans will not see their...
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Jan 3, 2013
01/13
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i think they looked down the barrel of the gun, decided they didn't want to go over the fiscal cliff either. >> but the 47 votes was huge. >> the republicans now think the bush tax cuts are caving. the republicans do not believe in a system where rich people pay more tax because they want a flat tax. that is how far they traveled in four years. >> krystal ball, and richard wolff, thank you for joining us. >> thank you. >> coming up, more republicans bashing more republicans, including what governor chris christie thinks now about his party. and in the rewrite, the secrets of the united states senate, the secrets the media never tells you about, even though they're right there happening on c-span. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food pa
i think they looked down the barrel of the gun, decided they didn't want to go over the fiscal cliff either. >> but the 47 votes was huge. >> the republicans now think the bush tax cuts are caving. the republicans do not believe in a system where rich people pay more tax because they want a flat tax. that is how far they traveled in four years. >> krystal ball, and richard wolff, thank you for joining us. >> thank you. >> coming up, more republicans bashing more...
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i think they looked down the barrel of the gun, decided they didn't want to go over the fiscal cliff either. >> but the 47 votes was huge. >> the republicans now think the bush tax cuts are caving. the republicans do not believe in a system where rich people pay more tax because they want a flat tax. that is how far they traveled in four years. >> krystal ball, and richard wolff, thank you for joining us. >> thank you. >> coming up, more republicans bashing more republicans, including what governor chris christie thinks now about his party. and in the rewrite, the secrets of the united states senate, the secrets the media never tells you about, even though they're right there happening on c-span. >>> governor chris christie is mad as hell and he is not going to take it anymore, from house republicans. why john boehner refuses to take chris christie's phone calls. that is next. and in the rewrite tonight, what the senate did today. that is right, today, the united states senate. i know you have been told that the senate is closed for business. that is not true. harry reid got some goo
i think they looked down the barrel of the gun, decided they didn't want to go over the fiscal cliff either. >> but the 47 votes was huge. >> the republicans now think the bush tax cuts are caving. the republicans do not believe in a system where rich people pay more tax because they want a flat tax. that is how far they traveled in four years. >> krystal ball, and richard wolff, thank you for joining us. >> thank you. >> coming up, more republicans bashing more...
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mcconnell wrote an op-ed for yahoo news today saying the fiscal cliff fight represented "the last word on taxes. that debate is over. the strategy is only increase the debt limit if there is an equal amount of spending cuts. we simply cannot increase the nation's borrowing limit without committing to long overdue reforms to spending programs that are the very cause of our debt." that's what makes my blood boil. it is the wars that started all of this that they never paid for. so according to mcconnell, there will be no new revenue to reduce the deficit, just cuts to spending programs like the big three. he wants the president to play ball. or else the country will default on its debts, its good faith, and the united states around the world. mcconnell told his caucus members this -- "we will have the tount put our country back on sound financial footing and there's no excuse not to seize it." but the only way mcconnell can make this strategy work is if he goes out and lies about the president's role when it comes to the debt ceiling. >> by demanding the power to raise the debt limit whe
mcconnell wrote an op-ed for yahoo news today saying the fiscal cliff fight represented "the last word on taxes. that debate is over. the strategy is only increase the debt limit if there is an equal amount of spending cuts. we simply cannot increase the nation's borrowing limit without committing to long overdue reforms to spending programs that are the very cause of our debt." that's what makes my blood boil. it is the wars that started all of this that they never paid for. so...
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keep in mind that the threat of tax heights going up is only one part of this so-called fiscal cliff. what we also have facing us starting tomorrow or automatic spending cuts that are scheduled to go into effect. keep in mind that some of these spending cuts that congress has said will automatically go into effect have an impact on our defense department but that also have an impact on things like head start. there are some programs that are scheduled to be cut. we are using an ax instead of a scalpel. it may not always be the smartest cuts. that is a piece of business that still has to be taken care of. i want to make clear that any agreement we have to deal with these automatic spending cuts, those also have to be balanced. my principle has always been to do things in a balanced, responsible way and that means revenues as to be part of the equation in turning off the sequester as well as spending cuts. the same is true for any future deficit agreement. we will have to do more to reduce our debt and deficit. i am willing to do more but it will have to be balanced. we will have to do
keep in mind that the threat of tax heights going up is only one part of this so-called fiscal cliff. what we also have facing us starting tomorrow or automatic spending cuts that are scheduled to go into effect. keep in mind that some of these spending cuts that congress has said will automatically go into effect have an impact on our defense department but that also have an impact on things like head start. there are some programs that are scheduled to be cut. we are using an ax instead of a...
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but this sequester is, you know, it's a big part of the fiscal cliff. monetarily it's not quite half of it. it's worth $110 billion, and those spending cuts go into effect tonight. it's unclear if they are going to solve that part of it. >> woodruff: but todd s there, on the tax side, has there been agreement there, at least, on the senate side. because as we just reported some democrats say they don't like what they see. >> well, they don't need everybody. keep in mind, you-- what you need in the senate usually is 51 votes. we've gotten into this environment here where we assume that everything needs 60 votes. it doesn't have to be that way. you heard from senator harkin there, he and a bunch of other senate lib rarblingts shelton white house, al franken, jay rockefeller, other, huddled in harry reid's office earlier today. i was standing outside that room when they came out. they were tight-lipped. they were grim. they went into a side meeting all their own to try and decide what to do. they weren't talking when they came out. what you are looking for
but this sequester is, you know, it's a big part of the fiscal cliff. monetarily it's not quite half of it. it's worth $110 billion, and those spending cuts go into effect tonight. it's unclear if they are going to solve that part of it. >> woodruff: but todd s there, on the tax side, has there been agreement there, at least, on the senate side. because as we just reported some democrats say they don't like what they see. >> well, they don't need everybody. keep in mind, you-- what...
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Jan 5, 2013
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the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts, senator reid was so unhappy with the proposal, he threw it into a burning fireplace in his office. the white house says a formal offer on social security was never made. but president obama's position on social security reform really isn't hard to find. in his 2006 book, "the audacity of hope," president obama wrote, "the problems with the social security trust fund are real but manageable. in 1983, when facing a similar problem, ronald reagan and house speaker tip o'neill got together and shaped a bipartisan plan that stabilized the system for the next 60 years. there is no reason we can't do the sam
the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts,...
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the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts, senator reid was so unhappy with the proposal, he threw it into a burning fireplace in his office. the white house says a formal offer on social security was never made. but president obama's position on social security reform really isn't hard to find. in his 2006 book, "the audacity of hope," president obama wrote the problems with the social security trust fund are real but manageable. in 1983, when facing a similar problem, ronald reagan and house speaker tip o'neill got together and shaped a bipartisan plan that stabilized the system for the next 60 years. there is no reason we can't do the same
the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts,...
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Jan 5, 2013
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the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts, senator reid was so unhappy with the proposal, he threw it into a burning fireplace in his office. the white house says a formal offer on social security was never made. but president obama's position on social security reform really isn't hard to find. in his 2006 book, "the audacity of hope," president obama wrote, "the problems with the social security trust fund are real but manageable. in 1983, when facing a similar problem, ronald reagan and house speaker tip o'neill got together and shaped a bipartisan plan that stabilized the system for the next 60 years. there is no reason we can't do the sam
the recent fiscal cliff negotiations, president obama gave house speaker john boehner a third proposal, increasing the tax rate threshold to $400,000 and adding chained cpi, which is a benefit reduction in social security. that's the only way you can look at it. republicans did not take the plan. when harry reid was negotiating with senate republican leader mitch mcconnell, the president allegedly asked reid to put social security reforms back on the table, according to multiple accounts,...
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as you pointed out we have been dealing with this with the 2011 budget debate, also the fiscal cliff. even during this economic recovery, one industry thrives -- the manufacturer of synthetic hysteria. guest: we have heard it before. it has been this way for years. once the economy tanked it became time to rebuild and the debt exploded. we are in an era of government where the president and democrats and the political forces that are most powerful in the republican house of representatives do not have any common grounds on fundamental economic policies. a lot of people around town on both sides of the aisle will tell you that the old way of reaching an agreement on this issue -- it is not the first time we have done that reduction. even though it seems like it is overdue, the old way of reaching agreements -- consensus is not attainable anymore. crisis to crisis. we had a debt limit which forced is up against a potential crisis there. guest: the fiscal cliff which is governing by crisis. guest: that is exactly right. this sequestration -- they are baked into the law simply because of
as you pointed out we have been dealing with this with the 2011 budget debate, also the fiscal cliff. even during this economic recovery, one industry thrives -- the manufacturer of synthetic hysteria. guest: we have heard it before. it has been this way for years. once the economy tanked it became time to rebuild and the debt exploded. we are in an era of government where the president and democrats and the political forces that are most powerful in the republican house of representatives do...
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. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place. we can do this. we must do this. >> reporter: though it is down to the wire. >> it's december the 31st! january 1st is tomorrow, 2013, taxes go up. >> reporter: a frustrated senator john kuhn said the senate should have acted months ago to keep the economy from going off the fiscal cliff. >> i just find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz, you know, i really hope we can get something done here in the last day as we put two people together basically to resolve this. >> reporter: the two people were senate republican le
. >>> right off the top, breaking news from capitol hill, just two hours from the fiscal cliff deadline the white house has reached adeal with congressional republicans. which thanks for joining us tonight. i'm maureen umeh. the deal would delay harsh spending cut for two months, but it appears the house will not vote before tonight's midnight deadline. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the...
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bigou and i have seen these fiscal cliff's cr summits and it , let's cut the bill and we will get to the spending reduction down the road. that is where the frustration is. without this drama, we never seem to get their. if the gentleman would give me 10 more seconds, the question becomes, if now, when? >> it is not about the affordable care act anymore? i loath the sequester numbers and i think it is doing damage to our economy. i i were in the senate, would've sent over acr with different numbers because i think these numbers are god- awful. -- let mele democrat finish -- i'm a liberal democrat, make no bones about i'm going toid, support a short-term cr at the 986, tothat i hate, keep the government going. that,mpromising in a way quite frankly, i find it difficult to do because these are lousy numbers. i came from a rally with headstart providers. headstart providers are shut down. we have ae shutdowns, governor trying to find money for a couple of weeks. if you do not resolve this, they will shut down. there is a real hurt. the senate sent this number over and i do not like it.
bigou and i have seen these fiscal cliff's cr summits and it , let's cut the bill and we will get to the spending reduction down the road. that is where the frustration is. without this drama, we never seem to get their. if the gentleman would give me 10 more seconds, the question becomes, if now, when? >> it is not about the affordable care act anymore? i loath the sequester numbers and i think it is doing damage to our economy. i i were in the senate, would've sent over acr with...
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avoids the spends cuts and tax hike set to take effect later this year. >> we've set up more fiscal cliffs. we're going to look back on this night and regret it. >>> president obama urged them not to fight politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> wall street is ready to rally this morning after the late-night budget breakthrough in washington. >>> asian markets got a big boost over news of the agramt. >>> horng congress's hang seng gained nearly 3%. >>> sandy hook elementary students are about to head back to class three weeks after a shooting. classes return to a repurposed school. >>> an open house is set for today. >>> a shell oil rig has run aground off the coast of alaska. >>> no oil is leaking. all members have been evacuated. >>> they captured photos of justin bean 'eers car. >> but he wasn't driving, and he wasn't in the car at all. >>> what a hit! >> he says i'll take care of business. >>> all that -- >> a soldier's surprise homecoming at the
avoids the spends cuts and tax hike set to take effect later this year. >> we've set up more fiscal cliffs. we're going to look back on this night and regret it. >>> president obama urged them not to fight politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> wall street is ready to rally this morning after the late-night budget breakthrough in...
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>> the house republicans, and senate republicans knew after the election they would lose the fiscal cliff negotiation, they did not think they wou get trounced like they did. some on the left are not happy, but many, many on the right are not happy, they lost leverage, house republicans lost leverage when they could not pass their own fiscal cliff plan b bill, and obama predicted several weeks ago he said that house republicans and senate republicans will cave on taxes, they did, we knew it was coming, cannot believe there were more spending cuts in the final bill. neil: i saw the caving on taxes, i would argue that the president had it comin he did win, that is the consequence of it, but i thought there would be some quid pro quo. >> right, and they said, well, the public polling show nas republicans would get blamed, i was shocked by how much conservatives voted for it. neil: bob happy new year thank you. >> happy new year. neil: did you like today in the market? feels like another day in the market. ago, when washington got a deal and investors ended up getting the shaft. think it can'
>> the house republicans, and senate republicans knew after the election they would lose the fiscal cliff negotiation, they did not think they wou get trounced like they did. some on the left are not happy, but many, many on the right are not happy, they lost leverage, house republicans lost leverage when they could not pass their own fiscal cliff plan b bill, and obama predicted several weeks ago he said that house republicans and senate republicans will cave on taxes, they did, we knew...
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there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers about being able to pull up and give any amount of money that he wanted, taking those powers away from the house. i think that is completely ludicrous. as far as the last caller asking out the democrats and republicans, that me see, if the democrats put a bill together and the republicans don't vote for it, they are mad at it, but if the republicans put a bill and let's say cave to the democrats, there is no bipartisan. i have never seen the democrats actually cave and take care of the fiscal cli
there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the...
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in the fiscal cliff deal, obama got tax increases. he gave his hollywood friends tax cuts. the first thing he says after that is, let's cut farm subsidies. there is something wrong with this picture. i think we should throw away the keys to air force one and two. they are costing us millions of dollars every time they get on a plane. thank you. host: good morning. caller: good morning. i am concerned about the situation going on. i think there is an underlying problem. when they figured out the books and dutch trade, they realize president bush had not put the afghan war or the iraq war on the books, nor did they appropriate the money for the drug plan that was instituted. that is how the debt got to be so high. everybody is saying president obama created this debt. the debt has gone down under president obama. he has made a lot of savings. there is something wrong in the republican party. host: what did you think about the confirmation of chuck hagel as secretary of defense? caller: i think that mr. hagel had not been around the congress in a long time, which meant he did
in the fiscal cliff deal, obama got tax increases. he gave his hollywood friends tax cuts. the first thing he says after that is, let's cut farm subsidies. there is something wrong with this picture. i think we should throw away the keys to air force one and two. they are costing us millions of dollars every time they get on a plane. thank you. host: good morning. caller: good morning. i am concerned about the situation going on. i think there is an underlying problem. when they figured out the...
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cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m. house democratic leader nancy pelosi attempted to put pressure on tonight. she posted this on twitter saying quote, strong majority of house democrats support the bipartisan senate bill that passed 89-8. confident it will pass and speaker boehner allows an up or down vote. and republicans like congressman jack kingston of georgia blame the senate for a hastily written bill. >> it was way past those senators' bedtime. they were blurry eyed when they were reading it. we're trying to fill in the gap wher
cliff. good evening. i'm richard lui. you're watching the standoff in washington, d.c. the house gop is meeting at this hour for the second time today. leadership and members are discussing how to move forward on a bill they say need to include spending cuts. house speaker john boehner and eric cantor arrived at the meeting together. but it was cantor who set off the storm earlier today just hours ago by announcing he could not support the senate bill that was approved this morning at 2:00 a.m....
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to reverse the house tax hikes on 98 percent of americans that took effect at the midnight fiscal cliff, but leaving it in the place tax hikes on the wealthy, income over $400,000 and postponed the spending cuts. democrats pushed for house approval. >> the issue of an up or down vote should not be questioned. >> house republicans' battle. cantor demanding budget cuts be added to the bill. >> we are serious about cutting spending, though there are not. >> we are going to see where we are then vote. >> the moderates wob -- won. house passage all but assured. >> we are working hard to pull ourselves back from that cliff. we went over the cliff and are pulling ourselves back. >> it is not a one day quick fix. looks like the final margin of victory in the house will be exactly 40 votes. there may be some shakeout there. but a solid win in the house. a win for president obama who will sign this fiscal cliff fix as soon as he can and later tonight, may make some kind of statement. this struggle is a sure sign that three battles just ahead over taxes and spending will be bitterly fought. back t
to reverse the house tax hikes on 98 percent of americans that took effect at the midnight fiscal cliff, but leaving it in the place tax hikes on the wealthy, income over $400,000 and postponed the spending cuts. democrats pushed for house approval. >> the issue of an up or down vote should not be questioned. >> house republicans' battle. cantor demanding budget cuts be added to the bill. >> we are serious about cutting spending, though there are not. >> we are going to...
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senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i mean, confronting -- for example, everybody is now talking about okay, now comes the debt ceiling. i think that is frankly a dead loser, because in the end you know it is going to happen. the whole national financial system is going to come into washington by television and say oh my god, this will be a gigantic heart attack, the entire economy will collapse, you guys can't be responsible, and they will cave. >> so newt gingrich, time to wander off the republican reservation, at least occasionally. but he is on the same page as the editorial board, which wrote "the next challenge will be the debt deadline, arri
senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i...
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the sequester is a confusing word, fiscal cliff was confusing, the president got tax hikes and spending cut last time. i am not saying th that people o took this poll knew what was going on, but this is confusing stuff and would everybody agrees on overwhelmingly is we have to cut government. lou: the "washington post" is giving four pinocchio. i think that tells us a lot. >> i think he fell on his face. >> and threatening reporters. >> you know, that is crazy. lou: i agree, it was crazy for them to threaten them. >> i don't think they threatened them. >> never, they are so nice in chicago. >> two lou: thank you, we appreciate it. vice president biden getting a self-defense technique that he might have borrowed from the blade runner, you will be fascinated. and against the very media that supports them? what is going on? the subject of our "chalk talk" tonight. imagine, the white house lashing out at the lap dogs who seek to carry favor. unimaginable. next. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartbu
the sequester is a confusing word, fiscal cliff was confusing, the president got tax hikes and spending cut last time. i am not saying th that people o took this poll knew what was going on, but this is confusing stuff and would everybody agrees on overwhelmingly is we have to cut government. lou: the "washington post" is giving four pinocchio. i think that tells us a lot. >> i think he fell on his face. >> and threatening reporters. >> you know, that is crazy. lou:...